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. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> woodruff: his michigan visit came a day after the president and house speaker john boehner met privately at the white house. their first one-on-one session since the election. neither side gave any details about what was discussed. instead they issued identical statements saying that lines of communication remain open. at the same time the sunday talk shows highlighted a partial split in g.o.p. ranks over letting the president have higher tax rates on top earners. tennessee senator bob corker told fox news sunday that republicans should give ground on taxes and concentrate
. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking...
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the big story here is we're more than three weeks going over the fiscal cliff. new developments. tonight on "special report," president obama speaks out following a sunday face-to-face meeting with house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the timeline look like for beating the end of the year deadline. we get out the crystal ball and calendars. brit hume has analysis on how a deal could get done. new video shows use of chemical weapons by the government. and california is going all in on solar power but a lot of californians say solar is taxpayer and consumer ripoff. "special report" starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. several new developments to report on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where prin
the big story here is we're more than three weeks going over the fiscal cliff. new developments. tonight on "special report," president obama speaks out following a sunday face-to-face meeting with house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the...
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last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up. it's true. y'all don't like that, huh? we can solve this problem. all congress needs to do is pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means 98% of americans and probably 100% of you. >> in some republicans are slowly but steadily fatesing a reality on the fiscal negotiations. leading the way, senator bob corker of tennessee. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate i
last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up....
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their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of that story. >> to
their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always...
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president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on higher rates for top earners arguing raising rates on the rich will give them gre
president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing...
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. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>> and it's unseasonably warm outside. but we have not seen any sunshine today. bob is updating your first warning forecast coming up. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. you, hang up first. no, you!! [ female announcer ] after school, get to pizza pleasin' faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've g
. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>>...
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salad, sandwiches, and more. >>> president obama and congress have just three weeks left to find a way to walk the country back from that many looking fiscal cliff. it's hard to know whether any progress is being made. cnn's tom foreman is breaking down what's on the table and the balancing act at stake. >> hey, wolf. what you're looking at here is everything that the federal government spends money on. that scoreboard back there shows you the problem. last year, we spent $3.6 trillion on all of this stuff. but we only brought in $2.3 trillion in revenue or taxes. now, democrats, when they want to solve this deficit, they liked to solve more about that revenue side. they say, let's get the rich to pay more. let's get some more taxes. but republicans, they say, let's look a little bit more at everything in this room, even if we're going to increase revenue. because maybe by doing some s t strategic cutting we can make a bigger difference. you can have dramatic cuts in thing like homeland security and the energy department and the interior department. if you cut those programs out entire
salad, sandwiches, and more. >>> president obama and congress have just three weeks left to find a way to walk the country back from that many looking fiscal cliff. it's hard to know whether any progress is being made. cnn's tom foreman is breaking down what's on the table and the balancing act at stake. >> hey, wolf. what you're looking at here is everything that the federal government spends money on. that scoreboard back there shows you the problem. last year, we spent $3.6...
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president obama meeting with the house speaker boehner in a closed door session over the weekend. yesterday in fact. trying to hammer out a deal. we hope you watch the redskins win over the ravens there in the last minute. president set to speak later at an auto plant in michigan about his planes it raise taxes on the rich. our chief political correspondent live at the white house with the latest. hi, john. >> hi, tyler. it is glammy and overcast in washington today but everybody is looking for bright signs about the fiscal cliff. we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now a
president obama meeting with the house speaker boehner in a closed door session over the weekend. yesterday in fact. trying to hammer out a deal. we hope you watch the redskins win over the ravens there in the last minute. president set to speak later at an auto plant in michigan about his planes it raise taxes on the rich. our chief political correspondent live at the white house with the latest. hi, john. >> hi, tyler. it is glammy and overcast in washington today but everybody is...
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. >>> with the fiscal deadline just three weeks away, there is some optimism that a deal is in the works. danielle nottingham reports the change in mood follows a face- to-face meeting between president obama and house speaker john boehner. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the president's latest campaign style appearance follows a weekend white house meeting with house speaker john boehner. sources tell cbs news both sides remain hopeful but little progress was made. if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to entitlements. >> reporte
. >>> with the fiscal deadline just three weeks away, there is some optimism that a deal is in the works. danielle nottingham reports the change in mood follows a face- to-face meeting between president obama and house speaker john boehner. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the president's latest campaign style appearance follows a weekend white house meeting with...
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crystal wrote a column late last week saying you know, as the world unravels on barack obama's watch, you know, it would be easy for conservatives to say we told you so. you know. so in their view, since the election, the world has fallen apart, you know. everything has gone awful. not just the united states but around the world. and ha ha, ha. we're going -- we get the last laugh. everyone else is look around like what are you talking about? things seem pretty good since the election. unemployment is down. world seems pretty stable. they view this entire different world. he literally wrote the world is unraveling on obama's watch. >> stephanie: well, you know it is interesting. he beat up on the republican party in that piece. he says the movement is in deep disarray and he said it has become a racket. then he goes on to talk about i love how he says president obama's inaction in syria and inaction in iran meaning failure to bomb both of the places? conservatives to urge the about the to reverse course. here we go again. the guy who helped get us into iraq. >> the world is unraveling
crystal wrote a column late last week saying you know, as the world unravels on barack obama's watch, you know, it would be easy for conservatives to say we told you so. you know. so in their view, since the election, the world has fallen apart, you know. everything has gone awful. not just the united states but around the world. and ha ha, ha. we're going -- we get the last laugh. everyone else is look around like what are you talking about? things seem pretty good since the election....
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i'll be back at the end of the week, my friend. >> by thursday, right? >> yes. perhapsly have resolved the whole fiscal cliff thing in the meantime. >> excellent. >> president obama is taking his great reasonableness tour on the road again, but before the president presses his case in michigan, he and speaker boehner hold a closed-door our lips are sealed meeting on the fiscal cliff. are the seas slowly parting for compromise? we will ask michael steele, jonathan tate, and margaret carlson. plus, sweeping historic legislation from the white house or hair-tugging small ball congressional battle? what shape will immigration reform take? we will ask jose diaz ballart. >>> the supreme court gears up for laned mark term for some rights. we will look at the high court's high-low options in deciding the future of same-sex marriage. all that when "now" starts in a mere 180 seconds. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] aw
i'll be back at the end of the week, my friend. >> by thursday, right? >> yes. perhapsly have resolved the whole fiscal cliff thing in the meantime. >> excellent. >> president obama is taking his great reasonableness tour on the road again, but before the president presses his case in michigan, he and speaker boehner hold a closed-door our lips are sealed meeting on the fiscal cliff. are the seas slowly parting for compromise? we will ask michael steele, jonathan tate,...
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reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargain. jon: special report anchor bret baier joins us now in washington. if people like senator corker say the tax increases would be okay with them on the highs income earners in this country it seems that that is bound to b
reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you...
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. >> just three weeks until fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house yesterday to discuss the deal. the president and speaker refuse to speak about itself of the meeting. some republican about putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy and taken it entitled cuts in return. many house republicans refused to support tax hikes under any circumstances. the democrats have been skeptical about rushing through in time or four before the end of the year. >> same-sex couples can now officially tied the knot in washington state. >> yesterday mark the first day that those couples are able to legally marry. there are more than 140 people that registered to marry at seattle city hall. seattle mayor mike mcginn called in a great and joy is a day with a noose rights be recognized. >> we will be right back--a new civil rights being recognized you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our emplo
. >> just three weeks until fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house yesterday to discuss the deal. the president and speaker refuse to speak about itself of the meeting. some republican about putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy and taken it entitled cuts in return. many house republicans refused to support tax hikes under any circumstances. the democrats have been...
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there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a fiscal cliff deal no later than this saturday. and if that's to be achieved, events of this past weekend may have proved piftal. obama and boehner met here at the white house sunday, and that meeting left both hopeful those subsequent conversations at the staff level achieved little apparent progress. even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boe
there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a...
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give the gift of doing, in-store or online. >>> president obama, speak er boehner enter a crucial week of negotiations. the president will have another public appeal for his fiscal solution this afternoon. he'll make a pitch to the detroit auto plant. a former republican governor of michigan and the president of the business roundtable, john engler. governor engler, nice to see you. >> good to be with you. >> let me start with -- i know all of the ceos from what i understand privately that met that you organized to meet with the president last week all had one message was the same. can't the two of them just get in a room and start doing a deal? well, they can did that yesterday. is that in your mind progress even if if we don't know what happened? >> it's hugely important. it's not that they've had the kind of relationship that can work well if they don't see each other face-to-face since july of last year -- this year, i guess. it's time. and i think the fact that they're together, it's got to be worked out. all the pieces i described are laying on the floor, they just need to pick t
give the gift of doing, in-store or online. >>> president obama, speak er boehner enter a crucial week of negotiations. the president will have another public appeal for his fiscal solution this afternoon. he'll make a pitch to the detroit auto plant. a former republican governor of michigan and the president of the business roundtable, john engler. governor engler, nice to see you. >> good to be with you. >> let me start with -- i know all of the ceos from what i...
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we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at this point in the
we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from...
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. >>> washington, including president obama, went gangnam style over the week epd, but not without a little controversy. or. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. >>> south korean rapper psy's hot hit gangnam style shot him to fame, but his anti-u.s. remarks made a lot of people upset. he has apologized, and at least one person seems to have forgiven him. t
. >>> washington, including president obama, went gangnam style over the week epd, but not without a little controversy. or. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future....
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president barack obama is rallying. over the week company there are some republicans expressing willingness to go along with the president's tax plan. >>> they made a tearful apology for the prank call that led to a nurse's suicide. it happened to kate during her morning sickness. >> if we thought anything like this would happen, it was meant to be a prank call. >> they have faced worldwide outrage where they presented to be prince charles and queen elizabeth. >> we just assumed with the voices we put on, we were going to get told off and that was the gag. >> well an official cause of death has not been announced, we think the stress may have prompted her to take her own life. there are no plans for the djs to go back on the air. >>> the member of the u.s. navy seal team was killed during a rescue mission, one that freed an american doctor. and from morning star development, he was killed along with 2 half began staff members. the two afghans they were released saturday. the seal team was sent in to rescue the doctor af
president barack obama is rallying. over the week company there are some republicans expressing willingness to go along with the president's tax plan. >>> they made a tearful apology for the prank call that led to a nurse's suicide. it happened to kate during her morning sickness. >> if we thought anything like this would happen, it was meant to be a prank call. >> they have faced worldwide outrage where they presented to be prince charles and queen elizabeth. >> we...
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here on capitol hill say the president and the house speaker need to make a deal by the end of the week in order for congress to vote on the bill. >> hopefully it doesn't go to the last day. >> reporter: president obama has asked congress to work through their holiday break if no deal is reached before then. >> both the white house and speaker baner's a office say the line's of communication remain open. the the president will speak to workers at an engine plant near detroit. >>> you may have a little bit more money for the holidays due to gas prices going down. the average price is 3.38. the cheapest in california is 3.42. got to go to stockton into the valley for that. the most expensive down in bakersfield at 3.73. san francisco for once, bakersfield. what's going on there. >> remember a few months ago at $5. >>> today a measure is up for discussion that could increase the supply of smoke free rental housing right here in san francisco. >> supervisor eric mar has proposed legislation that would require landlords to designate parking apartment units as smoking or r snot smoking. the s
here on capitol hill say the president and the house speaker need to make a deal by the end of the week in order for congress to vote on the bill. >> hopefully it doesn't go to the last day. >> reporter: president obama has asked congress to work through their holiday break if no deal is reached before then. >> both the white house and speaker baner's a office say the line's of communication remain open. the the president will speak to workers at an engine plant near detroit....
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president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a tango, you have to get it done. >> more republicans are accepting the idea that wealthy americans will get a tax raise hike. >> there are a group of folks looking at this realizing we don't have a lot of cards before year end. >> but others remain opposed to raising taxes on the top 2%. >> the president wants the rates to go up. that doesn't solve the problem, and we don't want to be back here in another year, another ten years trying to answer the quest
president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like...
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president obama and the house speaker speaking face to face for the first time in more than three weeks. the two men who stand between millions of americans and the fiscal cliff sat down, had a conversation. a critical development 22 days away from the cliff, which means severe tax hikes and spending cuts unless the two can find a way to compromise. nobody is saying much. but spokesperson says the lines of communication remain open erskin bowles said this. >> you know, they have started to tango now and any time have you two guys in there tangoing, have you a chance to get it done. >> our white house correspondent, brianna keilar, live in washington, d.c. this morning. it doesn't sound like very much. but i guess we're making a lot out of it, a first step. any indication where it goes next? >> we don't know where it goes next. they are saying the lines of communication are open. we're expecting the white house and the speaker's office, they are going to continue talking. we don't know when the meeting, the next meeting will be between president obama and the speaker this is something ce
president obama and the house speaker speaking face to face for the first time in more than three weeks. the two men who stand between millions of americans and the fiscal cliff sat down, had a conversation. a critical development 22 days away from the cliff, which means severe tax hikes and spending cuts unless the two can find a way to compromise. nobody is saying much. but spokesperson says the lines of communication remain open erskin bowles said this. >> you know, they have started...
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. >> president obama is taking his fiscal cliff plan on the road to michigan. this is a key week for negotiations and it comes one day after the president met with john boehner. hallie jackson has the latest. why is this week so important? >> if there is a deal, both sides have to sell it to their respective sides soon. that is if they can come to a compromise. >> will lie except a tax compromise -- will i accept a tax compromoise? yes? >> i think that is the best route we can take. >> the trade-off for giving in on one of the biggest tradeoffs, the fiscal cliff negotiations. >> it is up to the republican leadership to say they will cool along with it and then we will start negotiating on the other side. >> some are not backing down, and neither is president obama. today he takes his case to detroit. he had a private talk with john boehner yesterday at the white house. all we know for sure is that the lines of communication are still open. >> i believe we can give businesses and families a sense of security going into the new year. >> the heart of these negotia
. >> president obama is taking his fiscal cliff plan on the road to michigan. this is a key week for negotiations and it comes one day after the president met with john boehner. hallie jackson has the latest. why is this week so important? >> if there is a deal, both sides have to sell it to their respective sides soon. that is if they can come to a compromise. >> will lie except a tax compromise -- will i accept a tax compromoise? yes? >> i think that is the best route...
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president obama met with house speaker boehner for the first time in more than three weeks. the house is still refuseing to pass obama's tax plan much less agree to other policies. josh earnest is not giving any details into yesterday's. some republicans are coming around on improving higher tax rates for the wealthy. bob corker said on fox news sunday, obama does have the upper hand on taxes. oklahoma representative tom cole said on cnn's state of a union if brought to a vote they would pass the house. that goes against speaker boehner's tone who seems to believe obama's plan would not be able to pass both chambers of congress. as far as what americans think of the president right now that is pretty evenly split. the new politico battleground poll just out today has his approval rating at 50%. more than billcat bill press" is coming up after our break. join us in the chat room at current.com/billpress. see you there. viewer for capella university. matter. >> i work with adults with developmental disabilities. growing up i had a single mother of four and people in the commun
president obama met with house speaker boehner for the first time in more than three weeks. the house is still refuseing to pass obama's tax plan much less agree to other policies. josh earnest is not giving any details into yesterday's. some republicans are coming around on improving higher tax rates for the wealthy. bob corker said on fox news sunday, obama does have the upper hand on taxes. oklahoma representative tom cole said on cnn's state of a union if brought to a vote they would pass...
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our kayla tausche first reported that story this week. the deal comes after activist investor nelson peltz to try to break up the company. some significant moves. the stock is up by about 1.8%. >>> president obama and speaker boehner meeting at the white house yesterday to talk about the fiscal cliff. neither commenting about the meeting. earlier this morning we spoke to erskine bowles, who is co-chairman of the president's deficit commission. here's what he had to say about the progress of the fiscal cliff negotiation. >> i think the atmospherics are getting so much better. we've kind of gotten out of the kabuki theater and we've gone to, you know, dancing the tango with, you know, those two guys. and any time you start to tango, you got a chance. 40% chance we'll actually get it done before the end of the year. probably a 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better.
our kayla tausche first reported that story this week. the deal comes after activist investor nelson peltz to try to break up the company. some significant moves. the stock is up by about 1.8%. >>> president obama and speaker boehner meeting at the white house yesterday to talk about the fiscal cliff. neither commenting about the meeting. earlier this morning we spoke to erskine bowles, who is co-chairman of the president's deficit commission. here's what he had to say about the...
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that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% incre
that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob...
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today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. i ac
today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate...
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. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in the democrat's hands. >> since we agree with the democrats, 98% of the american people and 80% of the bush tax cuts, i would get that off the table now so they don't worry about it. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates 2%, you won't generate enough revenue to have meaningful deficit reductions. >> republicans want big spending cuts to programs like medicare and social security. >> we don't want to be back here in another year or ten years answering the same questions. >> reporter: as talks continue on both sides of pennsylvania avenue, americans from main st
. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in...
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. >> president obama will take his fiscal cliff plan on the road. >> this is a key week for negotiations. this comes one day after the president met one-on-one with john boehner. >> hallie jackson has the latest. >> the president and speaker boehner did talk yesterday. if there is a deal, they have to sell it to their respective parties soon. time is running out. this is video of the meeting yesterday. a big sticking point is higher taxes for the wealthy. president obama heading out on the road. he will be keeping pressure on republicans. >> when was the last time the president and speaker boehner met one on one? >> they have talked since the election and on the phone. they talked one-on-one last summer during talks for the debt ceiling. >> hallie jackson, thank you. in a recent survey, about two- thirds of shoppers are spending differently this holiday season because of the fiscal cliff and other economic concerns. >> i am more practical. >> i'm trying to save more and less.uy >> many retailers are offering new discounts leading up to the holidays. >> the search continues for the person
. >> president obama will take his fiscal cliff plan on the road. >> this is a key week for negotiations. this comes one day after the president met one-on-one with john boehner. >> hallie jackson has the latest. >> the president and speaker boehner did talk yesterday. if there is a deal, they have to sell it to their respective parties soon. time is running out. this is video of the meeting yesterday. a big sticking point is higher taxes for the wealthy. president obama...
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president obama and house speaker john boehner get together a little more than three weeks before we hit the fiscal cliff. >> gone too soon. a mexican-american singing superstar killed as a small plane plunges into a mountain range. >> just devastated for them. i'm really feeling for them. >> raw and emotional. two radio hosts talk about the family of the nurse who took her own life after getting duped by their prank call. >>> good morning, to you. welcome to "early start." welcome back, mr. berman. >> it is great to be here. i was on vacation for a week. now i'm back. i'm john berman. it is 5:00 a.m. in the east. i am feeling that. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yester
president obama and house speaker john boehner get together a little more than three weeks before we hit the fiscal cliff. >> gone too soon. a mexican-american singing superstar killed as a small plane plunges into a mountain range. >> just devastated for them. i'm really feeling for them. >> raw and emotional. two radio hosts talk about the family of the nurse who took her own life after getting duped by their prank call. >>> good morning, to you. welcome to...
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brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush tax cuts, to me i would get that off the table so they don't worry about it. >> reporter: democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income earners, you cannot generate enough revenue to have meaningful deficit reduction. >> reporter: republicans want big spending cuts to programs like medicare and says. >> we don't w
brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of...
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the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's traveling to cuba for surgery for a third time. this time, the 58-year-old leader, named the vice president as his choice to replace him in case something were to happen to happen. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shootout with the man who reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. no word yet on what prompted his rampage. >>> the national menorah in front of the white house, ill
the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's...
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. >> the week before the storm, you were out there, president obama couldn't lead his way out of a paper bag with a fistful of 20s. and then right after the storm was over, you were like, this man is a leader. doesn't that tell you something about the game? what does that tell you about the game? >> what it tells me is people have different skill sets at different times. that's what it does. [ laughter ] >> i see. >> so he wasn't a leader until you needed leadership. >> maybe until he was presented with a stark opportunity to lead. >> chris christie is a very popular politician right now. >> he is on a roll right now. he was on "saturday night live." he was quoting lyrics from springsteen, meet me tonight in atlantic city. he was on "the daily show." this is hilarious. he certainly seems to look the most vibrant of anybody i see on the gop side right now. but it's 2012, david. why are we talking about this so early? >> don't be so cynical. lawrence? >> i don't see how he moves out of new jersey into a national republican campaign. i just don't see it. he has things that he's done on his
. >> the week before the storm, you were out there, president obama couldn't lead his way out of a paper bag with a fistful of 20s. and then right after the storm was over, you were like, this man is a leader. doesn't that tell you something about the game? what does that tell you about the game? >> what it tells me is people have different skill sets at different times. that's what it does. [ laughter ] >> i see. >> so he wasn't a leader until you needed leadership....
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meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one with weeks to go before the u.s. heads over the fiscal cliff. >>> political turmoil in italy hitting european equities. italian banks suffer. and china's weak export figures are weighing on sentiment. tun expected drop signals continued pressure from abroad. >> you're watching "worldwide exchange," bringing you business news from around the global. >> all right. if you're just tuning in, thanks for joining us this morning. let's take a look at how markets are faring as we get closer to the u.s. open. we saw a strong day on friday. the market is expected to give back some of those gains. it follows a session that's been broadly weaker across europe. take a look at the markets now. as you can see, we are led lower largely by the ftse mib in italy which at one point because was down 2.5%. there are concerns about renewed political turmoil in italy. in the u.s., as mentioned, there was good and bad news in friday's u.s. jobs reports. nonfarm payrolls roads by 136,000 as the hit from hurricane sandy
meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one with weeks to go before the u.s. heads over the fiscal cliff. >>> political turmoil in italy hitting european equities. italian banks suffer. and china's weak export figures are weighing on sentiment. tun expected drop signals continued pressure from abroad. >> you're watching "worldwide exchange," bringing you business news from around the global. >> all right. if...
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dropped 10 cents over the past three weeks. in san francisco the average price $3.71. that is down 30 cents from a months ago. in oakland 3 dollars 59. san jose see the dollars 57. >>> president obama and speaker of the house john boehner met today to discuss the fiscal cliff. this comes as the head of the international monetary fund said failing to reach a deal would have far reaching effects on the economy. >> reporter: a quick fix is not the answer for resolving the fiscal crisis. a more comprehensive solution is needed. she says any deal must do more than avoid the fiscal cliff to get america's economy growing again. >> there is still the degree of uncertainty that prevents investors from making decisions. >> reporter: but washington's top republican leader speaker of the house john boehner explains there has been no progress. >> when it comes to the fiscal cliff that is threatening the economy and the jobs the white house wasted another week. >> reporter: democrats show no signs of backing off from sporting the president on raising the income tax on the rich. >> t
dropped 10 cents over the past three weeks. in san francisco the average price $3.71. that is down 30 cents from a months ago. in oakland 3 dollars 59. san jose see the dollars 57. >>> president obama and speaker of the house john boehner met today to discuss the fiscal cliff. this comes as the head of the international monetary fund said failing to reach a deal would have far reaching effects on the economy. >> reporter: a quick fix is not the answer for resolving the fiscal...